Browsing Tag

Ireland

Holders of Sovereign Debt

Here’s a great chart just released by the International Monetary Fund for Greece, Portugal, and Ireland as well as Japan, the US and the UK. Note that almost half of the US federal government debt is held by the Federal Reserve and the…

Euroscepticism

It would easy to say something like, “The euro is an abomination and the peripherals should simply leave or be tossed out of the euro zone.” But, we are here now. The political imperatives for closer European ties that created the single…

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